My company provides private capital funding for construction development, equity financing, and refinance of businesses, hotels, resorts, residential and commercial construction. Right now retirement communities are a strong point at any funding level needed. Affordable apartment developments are being done at 100% LTV. Underwriting requires strong financials, experience, and depending on project 0%-20% skin in the game. We have the ability to fund projects from $1M – 600M and up through our resources.
Here are some general guidelines:
Hotel Construction, Must be a Major Flag Operator, Feasibility Study & MAI Appraisal required (completed within 6 to 12 months), Hotel Experience required or management by a seasoned operator
Condo Construction, Must have 50% pre-sales (qualified) to be considered. Majority of buyers must have ability to close. Sales must be relatively recent.
Retail Construction, Must have minimum 60% pre-leases to be considered. At least 5 year leases with creditworthy tenants are recommended. *Type of tenants may change this requirement. Example: Government long term tenant.
Apartment, Retirement Community, Medical Center Construction, Construction Terms:
Expect rates in the 7 to 8% range, 36 month Interest only, LTC 70% to 90%,Minimum Loan Amount $3 Million.
Contact me at email@example.com
I have 20 plus new construction jobs all Multi-use Construction all backed by Equity with a Network of Advanced construction system groups. The business book is 250 million in loan amounts. The average job is 12 million loan amounts.
Proven sponsors. Senior Independent Living, Assisted Living, Skilled nurse care, Student Housing, Market Rate Apts. All locations in US.
We are looking for JV equity, Preferred Equity , Hard money and Senior Debt.
770-888-2761 or 770-231-4462
Thanks for your reply. We work with private groups (hedge funds & investment groups) that provide us with all the financing options that you mentioned for new construction projects.
We have partnerships in place that underwrite your project BEFORE sending it to our Partner Lenders. We DO NOT shotgun your deal to multiple different groups “hoping that it sticks”. We actually spend time PACKAGING your deal for success with our Lenders; we know what they are looking for, and will make your project as attractive as possible!
Also,we DO Not obtain meaningless LOI’s just to show a level of progress. LOI's are issued when there is funding in place.
I will be sending an email to you shortly.
I'd like to send you a 1 page Executive Summary so you can tell me what you can do for me. In reply I'll want to know all the costs of your proposal for funding, including ANY payments required of me before draw down, estimated interest rates, etc.I do NOT want you to send me application forms (don't ever send me "No Name" forms) until we have discussed the funding. I'll expect to know who you are, and where you are, and how I contact you; I can't do business with a phantom! And I'll expect that all information you give me is verifiable. If you are willing to work this way, please respond to firstname.lastname@example.org